GREK - Global X MSCI Greece ETF: Cheap But Not Worth A Buy

As until May 2019, the price of Global X MSCI Greece ETF (GREK) has plunged by nearly 70% from its record high in 2014. After ten years since Greece went through the government debt crisis, now is a good time to reflect upon that crisis and see what the future holds for Greece and investors of GREK in the stock market.

The aftermath of the Crisis

The Greek debt crisis started in late 2009 triggered by the turmoil of the worldwide Great Recession. During that time of emergency, the Greek

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